WHITNEYVILLE CULTURAL COMMONS INC

EIN: 475322239 501(c)(3)

Hamden, CT

Total Revenue
$378,321
Total Expenses
$617,822
Total Assets
$1,111,933
Net Assets
$154,473
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
CT
Principal Officer
Robert Sheiman
Phone
2037808890
Tax Period
2023-01-01 to 2023-12-31

WHITNEYVILLE CULTURAL COMMONS INC, founded in 2015, is a small nonprofit that reported $378K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $618K exceeded revenue, resulting in a 63% operating deficit.

Mission

We preserve and enhance places of communal and historic value by providing public spaces, tools, and knowledge as shared resources to support a thriving community socially, culturally, and economically. We envision a future where every community has valuable resources preserved for perpetual public use, with just and equitable access to enhance the quality of life for all. We: Preserve Historic Places: Steward historic properties in our trust with a commitment to preserving buildings and natural environments as part of the cultural landscape of the site. Develop Social Capital: Nuture communal relationships as host to diverse civic forums, public and private social events, and spiritual and cultural traditions. Champion Artistic Creation: Cultivate, celebrate and showcase artistic endeavors of all kings. Stimulate Economic Opportunity: Develop local organizations, individuals, and start-ups through coworking opportunities and the provision of shared information, materials and services.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $37,769
Program Service Revenue $340,552
Investment Income $0
Other Revenue $0
TOTAL REVENUE $378,321

Expense Breakdown

Grants Paid $0
Salaries & Benefits $124,674
Fundraising Expenses $25
Program Expenses $617,797
Other Expenses $493,148
TOTAL EXPENSES $617,822

Year-over-Year Comparison

2023 2022 Change
Revenue $378,321 $297,627 +0.3%
Expenses $617,822 $314,363 +1.0%
Net Income $-239,501 $-16,736 +13.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
5
Volunteers
10

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tamberlaine Harris Member of the Board of Directors 1
Director
$0 $0 $0
Rebecca Mandell President and Member of the Board of Directors 2
Officer Director
$0 $0 $0
Andrew Marchant-Shapiro Secretary and Member of the Board of Directors 1
Officer Director
$0 $0 $0
Addys Castillo Member of the Board of Directors 2
Director
$0 $0 $0
Denya McGee Member of the Board of Directors 1
Director
$0 $0 $0
Brendan Smith Vice President and Member of the Board of Directors 1
Officer Director
$0 $0 $0
Roslyn Sotero Member of the Board of Directors 1
Director
$0 $0 $0
David Brancati Treasurer and Member of the Board of Directors 1
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $378,321 $617,822 $1,111,933 $-239,501
2022 $297,627 $314,363 $1,418,981 $-16,736
2021 $569,248 $272,548 $1,492,247 $296,700
2020 $191,187 $145,483 $1,196,959 $45,704
2019 $260,024 $187,560 $1,053,496 $72,464
2018 $170,917 $176,460 $1,013,436 $-5,543
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